Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the transaction.
Fashion houses Tapestry and Capri end merger plan as FTC gets a luxury win
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle.
Capri, Tapestry Scrap Merger After FTC Blocked Deal
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed combination of the US fashion companies due to antitrust regulators’ objections.
Capri and Tapestry end their $8.5 billion merger after FTC blocked it
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended their $8.5 billion merger deal Thursday. The deal was blocked by the Federal Trade Commission.
Capri and Tapestry abandon plans to merge, citing regulatory hurdles
The parent companies behind Coach and Michael Kors saw their proposed merger blocked by the Federal Trade Commission.
Tapestry and Capri Scrap Merger Plans. Completion of Luxury Deal Uncertain.
Tapestry and Capri Holdings have scrapped their merger plans a few weeks after the Federal Trade Commission sued to block the deal. Tapestry shares gained 6.7% in premarket trading, while Capri stock fell 4.
Kate Spade Just Opened Up Shop at Amazon, and We Picked Out the Best Gifts for the Holiday Season
Attention, shoppers! Kate Spade New York finally opened up shop at Amazon — just in time for the holiday season.
The best Kate Spade bags to complete your wardrobe
There are several types of Kate Spade bags, including shoulder bags, totes, satchels, crossbodies, clutches and backpacks.
Coach Parent Tapestry Stock Soars, Capri Falls as Brands Call Off Merger
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Kate Spade Outlet’s Early Black Friday Sale - Get a $259 Bag for $59
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Get New Kate Spade Finds on Amazon for Under $40
If you buy something through my links, I may earn a commission. Kate Spade has so many things that are actually super ...
Kate Spade Outlet has an extra 25% off already discounted handbags in a huge early Black Friday sale
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Tapestry and Capri Terminate $8.5B Merger Agreement
The two companies agreed to terminate their merger agreement, which would have given the Michael Kors parent Capri an ...